611 Kapanga Road, Coromandel

For Sale $1,450,000Plus GST (if any)

780m² Floor Area

3415m² Land Area

COROMANDEL HOTEL INVESTMENT

Coromandel Hotel - The Top Pub is for sale. First time on the market in over 19 years, the owners have decided to sell, creating an opportunity for the next purchaser.

3,415m² of Residential zoned land with a hotel consisting of 507m² floor area, 205m² accommodation and 81m² storage. This 1880-1910 hotel is registered under the Category 2 Historic Places Act (1993) and has had subsequent additions and modernisation works.

The property also has a circa 1960s, 109m² backpackers accommodation with a 44m² deck. The balance of the land at the rear of the property is utilised as a caravan park.

Currently leased for an annual rental of $107,500 + GST and OPEX with a final expiry of 31 March 2026, creating an opportunity for investors, owner-operators or developers.

Services available to the site include sealed road, power, telecom, sewerage and town water supply.

All investors, developers and owner-occupiers must view.

Jason Woodyard

027 567 8000

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